Bharat Forge Hits Fresh All-Time High After Securing ₹425 Crore Defence Contract

Shares of $BHARATFORG remained in focus on 22 June 2026 after the company secured a ₹425 crore contract from the Ministry of Defence for the supply of gas turbine generators to the Indian Navy. The equipment will be used for onboard power generation on Kolkata-class destroyer vessels, with execution scheduled over five years. Investor sentiment remained strong following the announcement, helping the stock scale a fresh all-time high of ₹2,113.60 during the session. The stock eventually closed at ₹2,103.80, up 3.06%, reflecting optimism around Bharat Forge’s growing defence business and robust order pipeline. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.